Bitcoin reached the ATH of $ 112,000 at the moment

Bitcoin BTC $110,794.10 Bitcoin 4.07% Market capitalization $2.2 trillion VOL. 24 hours $5.79 billion has officially entered the «price discovery» phase — its price has exceeded $ 110,000 for the first time in history, peaking at around $ 112,000. This means that all current investors are in the profit zone, and there are no historical resistance levels on the chart. The market has become the object of active speculation by analysts, who have already identified the following potential targets: $ 150,000 and even $ 200,000.

Analyst Ali Martinez considers $ 150,000 to be the most realistic target level if the momentum continues. Others, such as the Stockmoney Lizards team, do not rule out a «short squeeze» scenario that could accelerate growth to $ 200,000. Such market behavior is possible due to high liquidity and strong purchases amid a lack of resistance at new price levels.

However, not everyone shares the optimism. An analyst known as The Wolf of All Streets warns that some technical indicators signal a likely short-term decline. He admits, however, that such signals have often proved false during previous bullish trends. The cryptocurrency market remains extremely volatile, and any breakout is accompanied by the risk of a deep correction.

Currently, bitcoin’s market capitalization has exceeded $ 2.2 trillion, and its realized capitalization is also growing, indicating an influx of new investors. This creates the preconditions for further growth, but also increases the risks for traders who enter at peak levels.

Given the current dynamics, the situation around bitcoin is turning into the main indicator of the sentiment of the crypto market as a whole. Further developments will depend on both the macroeconomic background and the psychology of market participants at these historic heights.